May 2026
📣 VC round data is live. Check it out!
Largest Road Infrastructure Public Companies in India
Benchmark revenue and EBITDA valuation multiples for public comps like
IRB Infrastructure Developers and Cube Highways Trust.
 | IRB Infrastructure Developers Ltd is an infrastructure and construction company. The company organizes itself into segments: Built, Operate and Transfer (BOT)/ Toll, Operate and Transfer (TOT) segment consist of operation and maintenance of roads; InvITs & Related Assets segment consists of investments in units of IRB Infrastructure Trust, IRB InvIT Fund and other related assets; and Construction segment consists of development and maintenance of roads. It derives maximum revenue from Construction segment. | $0 | -59% | $3B | $5B | 6.0x | 10.5x | ||
| Cube Highways Trust is an Indian infrastructure investment trust formed to invest in infrastructure assets, mainly in the road sector in India. It is engaged in the business of toll operations and maintenance, and operates a group of approximately twenty-seven road assets spread across various states and a union territory in India. | $2 | +21% | $2B | $4B | 11.0x | 14.9x | ||
| Median | $1 | -19% | $2B | $4B | 8.5x | 12.7x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.